/ E-Retailers

Third quarter web sales at IAC/Interactive Corp. leaped 130% to $149.5 million from $65 million from the prior year due in large part to the acquisition of Cornerstone Brands. Overall the web accounts for 23% of all sales compared to 15% in Q3 2004.

…web sales at IAC/Interactive Corp. leaped 130% to $149.5 million from $65 million from the prior year due in large part to the acquisition of CornerstoneBrands. Overall the web accounts for 23% of all sales compared to 15% in Q3 2004.

/ E-Retailers

Roxane Al-Fayez, most recently executive vice president of Victoria`s Secret Direct, and a former e-commerce and catalog executive of J. Crew, has been named president of IAC/InterActiveCorp’s Cornerstone Brands.

/ E-Retailers

HSN has named Mark Ethier as CEO of its faltering Cornerstone business unit, which includes seven direct marketing brands such as Ballard Designs and TravelSmith. E-commerce sales in Q2 for Cornerstone fell 15.3% to $100.4 million.

HSN has named Mark Ethier as CEO of its faltering Cornerstone business unit, which includes seven direct marketing brands such as Ballard Designs and TravelSmith. E-commerce sales in Q2 for Cornerstone fell 15.3% to $100.4 million.